Question: PRINTER VERSION RACK Problem 10-10A (Part Level Submission) On July 1, 2017, Global Satellites Corporation issued $1,280,000 of 10-year, 7% bonds to yield a market

PRINTER VERSION RACK Problem 10-10A (Part Level Submission) On July 1, 2017, Global Satellites Corporation issued $1,280,000 of 10-year, 7% bonds to yield a market interest rate of 6%. The bonds pay semi-annual interest on July 1 and January 1. Global has a December 31 year end. When the bonds were issued, Global received $1,375,221 Click here to view the factor table (a) Prepare an amortization table through January 1, 2019 (three interest periods) for this bond issue. (Round all amounts to the nearest dollar, e.g. 5.275.) GLOBAL SATELLITES CORPORATION Bond Premium Amortization Interest Expense to be Unamortized Bond Carrying Semi-annual interest periods Interest to be paid Premium Amortization Premium Recorded Amount July 1/17 Jan. 1/18 July 1/18 Jan. 1/19 July 1/19 SHOW LIST OF ACCOUNTS Its a part leal Submission to solve all parts. try
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